Capítulo 12: Cuestionario sobre gestión de deudas y crédito

Which of the following payment methods provides direct access to your bank account funds?

What is a key benefit of using a credit card for purchases?

Which of the following best describes a “buy now, pay later” plan?

Layaway plans enable consumers to take the item home immediately and pay for it later.

High-interest rates and fees are characteristics of predatory lending practices.

Definición

Definición

Arrange these types of debt from typically highest to lowest interest rates: Credit card debt, Mortgage, Personal loan, Payday loan.

Rank these steps from first to last in managing debt effectively: Assess debt situation, Create a budget, Pay off high-interest debt, Seek credit counseling if needed.

How can understanding your credit score range benefit your financial decisions?